The Philadelphia Phillies weren't really players for major free agents earlier this winter -- everyone expected them to be serious bidders in next winter's potentially epic free agent class -- but with Opening Day less than three weeks away, they took advantage of the soft market by signing Jake Arrieta to a three-year deal.
As dangerous as long-term contracts can be for pitchers, teams just kept handing them out for the past two decades, so three years is shockingly short for a pitcher who, while not Cy Young caliber any more, is still a well above-average starter.